Japan's inflation hits 40-year high as BOJ sticks to easy policy
Source: Reuters
Japan CPI +3.6% yr/yr vs forecast +3.5%, highest since 1982Bulk of price hikes due to cost-push inflation, unsustainableBOJ sees consumer inflation falling below 2% next fiscal yearTOKYO, Nov 18 (Reuters) - Japan's core consumer inflation accelerated to a 40-year high in October, driven by currency weakness and imported cost pressures that the central bank shrugs off as it sticks to a policy of ultra-low interest…
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